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Capital Roundtable

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Pepper Hamilton LLP

Past Attendees:

ABS Capital Partners

Alvarez & Marsal Holdings

Apax Partners

Blackstone Real Estate Advisors

CALPERS

Cerberus Capital Management

Deloitte & Touche Corporate Finance

Dow Chemical Co.

Ernst & Young

Evercore Partners Inc.

FdG Associates

Founders Equity Inc.

Galen Partners

GE Healthcare Financial Services

General Atlantic

Getzler Henrich & Associates

Goldman Sachs & Co.

Greenhill & Co. Inc.

Hamilton Lane Advisors

HealthCare Finance Group Inc.

KeyBanc Capital Markets

Linsalata Capital Partners Inc.

Merck Capital Ventures

Riverside Partners

Ropes & Gray

Textron Financial Corp.

Vestar Capital Partners

Wachovia Capital Partners

Welsh Carson Anderson & Stowe

Willkie Farr & Gallagher

 

Media Partners

Buyouts

The Deal

VC Experts

Capital IQ Merger Market

Second Annual MasterClass™ on

P.E. Investing In Healthcare
Services Companies--

Which Sectors Are Getting Investors' Attention,
Which Are Not?


Featuring 20 Expert Speakers

Attendance for This Program is Limited--
Register Now

Click Here to Register >>     Forward to a Colleague >>



 Purchase Audio Package >>


FULL-DAY MASTERCLASS
Wednesday, October 17, 2007
8:00 am - 5:00 pm

New York City


Designed to Meet the Needs of GPs & LPs of Buyout, Venture Capital, & Hedge Funds, As Well As Executives of Their Portfolio Companies, 

& the Bankers, Lenders, Lawyers, & Other Advisors Who Support Them

Faculty | Schedule | Registration | Location | Sponsorship | Audio Package

After a hectic 2006, the dual forces of credit meltdown and looming elections have let the steam out of the market for private equity deals in healthcare services companies.

Though overall trends are still positive for the $1.3 trillion plus sector, not all areas are as alluring as they once were. Nowadays, the high dependency on debt capital makes the hospital sector less attractive, while the real estate downturn poses serious issues for nursing homes and assisted living facilities.

So what lies ahead for the middle market? Are we at the top of the cycle? What sectors will offer the greatest investment potential going forward? What effect will new regulation have on companies? How will the current environment affect exit strategies?

These questions and many others will be fully addressed in our second annual MasterClass on investing in healthcare services companies. The program is being chaired by Michael Aspinwall, managing partner of Talcott Partners and a veteran with 19 years of investing and operating experience in healthcare services.

  • It’s being held Wednesday, Oct. 17, in New York City. It’s entitled -- “Private Equity Investing in Healthcare Services Companies – Which Sectors Are Getting Investors’ Attention, Which Are Not?”
  • Joining him will be a panel of 20 distinguished experts, including P.E. fund managers operating in all the sectors of healthcare services -– hospitals, outpatient services, managed care, healthcare IT, nursing homes/assisted living, and product distribution.

We’ll discuss “hot” topics in the industry, such as the challenges in disease management and regulatory impacts such as the continued moratorium on specialty hospitals.

You’ll also learn about those sectors that offer the greatest potential for middle market investment, such as specialty managed care and healthcare IT, which is one of the areas that hold the promise of reducing healthcare costs.

Outpatient services have also been highly appealing to middle market players. Water Street Healthcare Partners’ buyout of physical therapy facility Physiotherapy Associates, and Gores Group’s purchase of imaging services center Health South Diagnostics Division, are testament to the allure in this segment of the market.

But many surgical centers and imaging companies were acquired or went private last year. Will the future in outpatient services entail development of smaller companies versus taking existing ones private?

Our program is specifically designed so that you’ll have lots of time for Q&A with the experts as well as free time for one-on-one interaction. By day’s end, we promise you’ll walk away with answers to your many questions, as well as indispensable practical information and valuable new contacts.

This program is being produced by The Capital Roundtable™, the country's sole educational organization focused exclusively on the private-equity community.

Those attending the full-day MasterClass will--

  • Discover where private equity funds are currently investing in the sector
  • Understand why key trends -- continued positive demographics, increases in spending and long-term growth potential -- bode well for the sector
  • Pinpoint regulatory hurdles, such as the moratorium on specialty hospitals, and learn about the effects of potential new regulation on companies and sectors
  • Discover how the current environment may affect exit strategies and where to find buyers
  • Find out why going forward, careful selection among sectors as well ascertaining specific company characteristics will become increasingly important
  • Learn how the real estate bust and squeeze in government reimbursements affects nursing homes and assisted living facilities
  • Identify specialty areas of product distribution, such as diabetic supplies
  • Learn about specific segments of healthcare IT that are attractive to the middle market
  • Find out how companies in disease management are dealing with the performance challenges associated with many of the government contracts.
  • Understand why procedural services are preferable to physician provided services and where to look for companies in the outpatient services segment
  • Discover how to find good management teams for companies such as radiation oncology and surgery centers

Sign up for this MasterClass now.

You should attend this MasterClass if you are--

  • a GP or LP considering portfolio companies in the healthcare services industry
  • a corporate development professional within the healthcare services industry looking at non-organic growth opportunities
  • a hedge fund manager or venture capitalist who is seeking investments in healthcare services
  • a lender wishing to back healthcare services transactions
  • an attorney who advises on M&A deals in healthcare services
  • an investment banker who actively pursues deals in the healthcare services industry
  • an executive search professional recruiting for the healthcare services industry


Bonus Offer:
Also consider our related MasterClass the day after (Thursday, October 18) on “Private Equity Investing in Medical Device & Product Companies” and post-conference workshop (Friday, October 19) on the “Fundamentals of Doing Middle-Market Medical Device Deals.” Sign up for both MasterClasses and save.

 For more information contact Heather Sote at 212/832-7333 ext. 111 or hsote@capitalroundtable.com.

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Faculty

Chaired By

  • Michael E. Aspinwall, Managing Partner, Talcott Partners

Hosted By

  • Burt Alimansky, Managing Partner, Alimansky & Bethell Group, and Chairman, The Capital Roundtable

Speakers

  • Kenneth S. Abramowitz, General Partner, NGN Capital LLC
  • Gregory M. Browne, Managing Director, CapitalSource Finance LLC
  • Brian R. Buxton, Principal, Easton Associates LLC
  • Kenneth M. Doyle, Principal, Halifax Group
  • James D. Epstein, Partner, Pepper Hamilton LLP
  • Brian Fortune, Political Strategist, Marwood Group LLC
  • Robert J. Fraiman, Managing Director , Cain Brothers & Co. LLC
  • Steven Goldsmith, Senior Vice President, HealthCare Finance Group Inc.
  • Kenneth Higgins, Managing Director, Green Holcomb & Fisher LLC
  • Harris Hyman IV, General Partner, Grotech Capital Group Inc.
  • Jordan Klear, Managing Director, TIVIS Healthcare LLC
  • Jonathan C. Korngold, Managing Director, General Atlantic LLC
  • Beverly W. Landstreet, Executive Vice President, Proudfoot Consulting
  • Curtis S. Lane, Senior Managing Director, MTS Health Investors LP
  • Christopher S. Miller, Partner, Pepper Hamilton LLP
  • Jonathan G. Morphett, Managing Director, Avondale Partners LLC
  • H. Lawrence Ross III, Managing Director, Ross & Co. Inc.
  • Robert B. Schulz, General Partner, Health Enterprise Partners LLC
  • Zubeen Shroff, Managing Director, Galen Partners LP
  • Anil Shrivastava, Managing Director, Vestar Capital Partners
  • Daniel G. Tully, Managing Director, Altaris Capital Partners LLC
  • additional speakers to be announced....

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Schedule

MasterClass
07:30 - 08:30
08:30 - 08:45
08:45 - 09:30
09:30 - 10:15
10:15 - 10:45
10:45 - 12:00


12:00 - 01:00
01:00 - 02:15


02:15 - 03:00
03:00 - 03:15
03:15 - 04:30



04:30
- 05:30


              05:30

  

Wednesday, October 17, 2007
Registration, Networking, & Continental Breakfast
Welcoming Remarks & Audience Introductions
First Keynote -- High Level Trends & Forecasts
Second Keynote -- View from the Trenches
Coffee & Networking Break

First Panel -- How We Do It, What We’ve Learned -- Perspectives from Five Prominent Middle-Market P.E. Investors (This panels features five p.e. managers who operate funds of different sizes & strategies)
Luncheon & Networking

Second Panel -- How We Coach Sellers & P.E. Buyers -- Five Experienced Intermediaries & Lenders Share Their Insights (This panels features three investment bankers & two lenders )
Afternoon Keynote
Coffee & Networking Break

Third Panel -- What We Tell Our P.E. Clients – Recommendations from Five Professional Services Providers (This panel features a lawyer, a transaction services advisor, a valuation specialist, an executive recruiter, & a regulatory compliance specialist)
Fourth Panel -- Origination & Value Creation -- Perspectives from Four More Middle-Market P.E. Investors (This panel features four p.e. managers who operate funds of different sizes & strategies)
Adjournment & Networking

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Registration

  • The registration fee is $1895 for the MasterClass.
  • Double MasterClass-- Special fee for both Private Equity Investing in Healthcare Services Companies (Wednesday, Oct. 17) and Private Equity Investing in Middle-Market Medical Device Companies (Thursday, Oct. 18) -- and the fee is only $3390.
  • At the door, if space is available, the fee is $2095.
  • Special group rates -- The Capital Roundtable offers a special rate for 3 or more people from your firm.  For more info, please contact Abby Williams at aa@capitalroundtable.com or 212/832-7333 ext 106.

 

Click Here to Register >>     Purchase Audio Package >>


You can pay by credit card (using the links above) or by check. Mail your check and business card to: New York Business Roundtable Inc., 12 East 44 Street, Penthouse, New York, NY 10017.

If the program is oversubscribed, we will notify you immediately and not charge your credit card.  (If you need to cancel, please do so by Wednesday, Oct. 10, at 5:00pm, and we will credit you for a future meeting.)


From time to time, for reasons beyond Capital Roundtable's control, program schedules and speakers become subject to change.  We make every effort to announce substantive changes by email to registrants at least 48 hours in advance.

Have a special question?  Please contact Heather Sote at 212/832-7333 ext. 111 or by email at hsote@capitalroundtable.com.

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Location

University Club
One West 54 Street (at Fifth Avenue)
New York City

Please Note: Dress Code for the University Club is jacket & tie for men, and equivalent attire for woman.

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Audio Package

Can't attend but want to hear the program? You can buy the audio package along with the handouts. Purchase the audio package online now.

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Sponsorship

The Capital Roundtable offers excellent sponsorship opportunities to reach the middle-market private-equity community. For more details contact Amber Mahood at 212/832-7333 ext. 103 or by email at amahood@capitalroundtable.com.

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